Distributions and Tax Info

Federal Regular Income Tax Information

The fund paid exempt-interest dividends which are Form 1099-DIV reportable.

Dividends for 2017

Declared Date

Record Date

Ex-Date

Pay Date

Frequency of Distribution

Income Dividend

Daily

Daily

01-31-2017

01-31-2017

Monthly

0.000282453

Daily

Daily

02-28-2017

02-28-2017

Monthly

0.000227431

Daily

Daily

03-31-2017

03-31-2017

Monthly

0.000284588

Daily

Daily

04-30-2017

04-30-2017

Monthly

0.000430353

Daily

Daily

05-31-2017

05-31-2017

Monthly

0.000361387

Daily

Daily

06-30-2017

06-30-2017

Monthly

0.000359338

Daily

Daily

07-31-2017

07-31-2017

Monthly

0.000409999

Daily

Daily

08-31-2017

08-31-2017

Monthly

0.000359577

Daily

Daily

09-30-2017

09-30-2017

Monthly

0.000398878

Daily

Daily

10-31-2017

10-31-2017

Monthly

0.001065442

Federal Alternative Minimum Tax Information

A portion of the fund's income results from investments in private activity municipal bonds (as described in the prospectus). While these bonds generally offer higher yields than traditional municipal bonds, the income they generate will be a preference item for purposes of calculating the Alternative Minimum Tax (AMT). Fund holdings of AMT securities will vary throughout the year. The table below lists the actual percentage of the each distribution paid by the fund which relates to AMT. Please note that the Alternative Minimum Tax percentage does not apply to Short-Term or Long-Term Capital Gain distributions. Your tax advisor can provide you with more information about this tax and your reporting of the fund distributions.

Distribution Date

Monthly AMT %

01-31-2017

38.45

02-28-2017

39.40

03-31-2017

24.58

04-30-2017

25.78

05-31-2017

22.30

06-30-2017

20.61

07-31-2017

21.10

08-31-2017

21.85

09-30-2017

24.89

10-31-2017

29.33

State Tax Information

California Residents: Any distributions earned on bonds issued by a state other than California are reported to the California Franchise Tax Board, pursuant to California Revenue and Taxation Code Section 18639.

Percentage of Income Earned by State

Some states may exempt from tax the portion of dividends generated by its own municipal obligations. Because of this, a percentage of your dividends may be exempt from state or local taxes.

On October 5, 2016, an excess capital distribution was paid to shareholders of record on October 3, 2016. Shareholders will receive a 19(a) Notice in connection with the distribution. The amount of excess capital distribution will not be reflected in the yield or average annual total return of the fund, however it will be considered taxable dividend income to shareholders.

Performance quoted represents past performance, which is no guarantee of future results. Investment return will vary. An investor's shares, when redeemed, may be worth more or less than the original cost.